Minnesota’s Economic News — W/E 5/9/25
Regulation Star Tribune: Ramstad: Effort to change the ban on noncompetes emerges in the Legislature KAXE: ‘Blue Dog’ Dems vote to roll back paid sick leave at small farms, businesses…
Regulation Star Tribune: Ramstad: Effort to change the ban on noncompetes emerges in the Legislature KAXE: ‘Blue Dog’ Dems vote to roll back paid sick leave at small farms, businesses…
In 2021, St. Paul residents voted to adopt what was yet the strictest rent control policy in the nation. The ordinance capped annual rent increases at 3 percent, had no…
I’ve written before about our local DFLers fondness for trumpeting some of the various rankings of states compiled as clickbait by various bloggers and passed off as “studies.” “Data is…
State and local taxes and spending Minnesota Reformer: Minnesota Democrats look for money to stave off federal cuts — and other labor news WCCO: Proposal in Minnesota Legislature would repeal…
Yesterday, the Bureau of Economic Analysis (BEA) announced that: Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and…
What matters for economic welfare is per capita income. This is a general measure of welfare, telling us how much per person is available to be consumed, invested, or put…
State and local taxes and spending WCCO: Minnesota Legislature to return from break Monday with budget battle ahead Austin Daily Herald: Sen. Gene Dornink: Financial pressures mounting KROC: Minnesota Tax…
Trade Star Tribune: In Minnesota’s soybean country, trade war with China hits hard Star Tribune: Eden Prairie firm was set to pay $18K in tariffs on its shipment from China.…
Tailwinds and headwinds When I fly back to Britain, I know early on whether I will approach Heathrow by skipping along the south coasts of Ireland and Wales from the…
The COVID-19 pandemic and associated stay-at-home, social distancing, and cleaning orders dealt a heavy blow to the childcare industry. Family childcare providers, for instance, saw rising costs due to new…
Economic growth Star Tribune: Minnesota stocks plummet as tariffs’ impact spooks consumers and companies Star Tribune: Minnesota company stocks tank amid larger market downturn Business Record: Economic indicators result in…
A couple of weeks ago, I wrote about how the growth rate of per capita Gross Domestic Product (GDP) can be broken down into the shares that come from growth…
“Downtown is back,” Minneapolis Mayor Jacob Frey announced on March 25. The trigger for this euphoria was the news that a new food hall was coming to the space on…
Canada’s Growth Problem Gross Domestic Product (GDP) per capita is a key metric of economic performance which tells us how much per person is available to be consumed, invested, or…
State and local taxes and spending Minn Post: Walz sales tax proposal hits consumers, while sparing business-to-business transactions Duluth News Tribune: Local View: Paying the tax piper doesn’t always jibe…
In American Experiment’s 2021 report, “The State of Minnesota’s Economy: 2020 — A focus on economic growth,” we wrote: What matters for economic welfare is per capita income. This is…
Last week, I wrote about how the growth rate of per capita Gross Domestic Product (GDP) can be broken down into the share that comes from growth in human capital,…
Digging for the roots of the rich/poor divide. In October 2024, the Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel…
Shortly before Election Day last November, Gallup reported that “The economy ranks as the most important of 22 issues that U.S. registered voters say will influence their choice for president.” Crucially, given…
State and local taxes and spending Star Tribune: Gov. Tim Walz proposes additional spending cuts in revised budget plan KAAL TV: Governor Walz releases revised Minnesota budget Grand Rapids Herald…
In American Experiment’s 2021 report “The State of Minnesota’s Economy: 2020 — A focus on economic growth,” we wrote: What matters for economic welfare is per capita income. This is…
State and local taxes and spending Minn Post: Minnesota can adopt a commonsense tax solution for the vacant lot predicament in its cities Kare 11: Paid family and medical leave…
A consensus is developing in St. Paul that rent control has been disastrous for housing construction. Unfortunately, no one wants to repeal the policy. Instead, City Council members are suggesting…
Three years ago I wrote two articles for Econlib marking the centenary of Irish independence. Here they are to mark St. Patrick’s Day At the Irish Free State’s birth in…